Wind

The U.S. Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) released today projects that renewable energy and nuclear power will each increase 2.5% per year through 2040, but fossil fuels will continue to supply almost 80% of world energy use by 2040.

The Federal Energy Regulatory Commission (FERC) said on June 27 that President Barack Obama has announced his intent to nominate Ronald Binz as FERC commissioner. It had been widely anticipated that Binz would be named the new chair of the regulatory body.

Three Hawaiian power companies plan to deactivate a total of 226 MW of oil-fired generating units, convert remaining baseload plants to cycling duty, and substantially ramp up use of renewables by 2016.

Energy policy in the European Union (EU) is in upheaval as concerns mount over the impact of energy costs on the competitiveness of the power industry.

Even though it enjoys sizeable coal and natural gas reserves, Indonesia struggles to provide electricity to its growing economy. Geography is its most obvious challenge. Others include evolving international markets and an energy sector that remains highly politicized.

Panelists at the ELECTRIC POWER 2013 Keynote and Roundtable Discussion in Chicago in May were consumed by the need to ensure future reliability by more closely integrating the gas and electricity markets. Acknowledged less directly were distortions created by renewable energy subsidies and mandates, onerous regulations affecting coal, and “irreversible” demand destruction caused by the success of energy efficiency and demand management programs. The elephant in the room was the continued demise of electricity markets.

Natural gas prices and low wholesale electricity prices are creating headwinds for large-scale renewable projects such as wind.

President Obama’s highly anticipated Climate Action Plan (CAP) released today outlines a wide variety of executive actions founded on three pillars: slashing U.S. carbon pollution through stringent rules for new and existing power plants while doubling renewables deployment and promoting fuel switching from coal to natural gas; preparing the U.S. for impacts of climate change; and leading international efforts to combat global climate change.

President Barack Obama’s landmark speech on Tuesday outlining executive actions to combat and prepare for climate change backed the growth of natural gas and renewable power in lieu of carbon-heavy coal power, but he mentioned nuclear power only once—and only in the context of energy security.

Amid the deluge of reactions to President Obama’s June 25 speech announcing wide-ranging executive actions to curb carbon emissions and prepare for climate change effects were some unexpected statements.